A lot of people don't start investing until they're in their 30s, 40s or even 50s. I think the perfect time to start investing is in your 20s (or earlier) when you have plenty of years on your side for compounding.
Hopefully in your 20s you will have a full-time job, therefore you don't necessarily need investments to produce much income. The ASX shares with the best growth potential would probably be the best ones to consider. That strategy would also mean you're paying less income tax along the way, leaving more wealth in your portfolio.
With all of the above in mind, here are three ASX shares that could be worth buying for investors in their 20s:
Vanguard FTSE Asia Ex Japan Shares Index ETF (ASX: VAE)
Exchange-traded funds (ETFs) are a great way to get exposure to a large group of businesses for diversification for (usually) a low management fee.
Vanguard is a world-leading provider of low-cost funds, yet this Asian ETF offers a bit more growth (and risk) which could result in it outperforming a typical ASX-focused or global share ETF.
With Samsung as one of the ETF's top holdings, these Asian shares are not exactly small and unknown businesses. Tencent, Alibaba and Baidu are all giants in their industries, all of them are generating impressive long-term growth. The Asian region could be the best place to be invested over the next few decades.
MFF Capital Investments Ltd (ASX: MFF)
MFF Capital is one of the best listed investment companies (LICs) on the ASX. It is led by Magellan Financial Group Ltd (ASX: MFG) co-founder Chris Mackay who has well over $150 million of his family's wealth invested alongside normal shareholders.
It has outperformed most other LICs due to its global investment mandate and quality choices. With MFF Capital you get a diverse portfolio of international growth shares with a comparatively low management fee.
Costa Group Holdings Ltd (ASX: CGC)
If you're looking for an individual company to consider then one of the better growth shares on the ASX could be Costa, the largest horticultural company on the ASX that grows mushrooms, berries, tomatoes, avocados and citrus fruit.
It's growing internationally, has guided for underlying profit growth of 30% this year and continues to invest in its farms whilst making bolt-on acquisitions.
Costa is trading at 21x FY19's estimated earnings.
Foolish takeaway
All three businesses have the potential to beat the market over the long-term. At the current prices I'd be happy to invest in all of them, though the Vanguard Asia ETF would be my first pick.
